Ross Stores, Inc. (ROST)

NASDAQ: ROST · Real-Time Price · USD
149.15
+0.15 (0.10%)
At close: Jan 17, 2025, 4:00 PM
148.00
-1.15 (-0.77%)
Pre-market: Jan 21, 2025, 5:02 AM EST
0.10%
Market Cap 49.21B
Revenue (ttm) 21.24B
Net Income (ttm) 2.11B
Shares Out 329.93M
EPS (ttm) 6.36
PE Ratio 23.47
Forward PE 22.87
Dividend $1.47 (0.99%)
Ex-Dividend Date Dec 10, 2024
Volume 2,719,953
Open 151.03
Previous Close 149.00
Day's Range 148.91 - 151.44
52-Week Range 127.53 - 163.60
Beta 1.11
Analysts Buy
Price Target 169.06 (+14.84%)
Earnings Date Mar 4, 2025

About ROST

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores for households with moderate income. Ross Stores, Inc. was incorporated in 1957... [Read more]

Industry Apparel Retail
Founded 1982
Employees 108,000
Stock Exchange NASDAQ
Ticker Symbol ROST
Full Company Profile

Financial Performance

In 2023, Ross Stores's revenue was $20.38 billion, an increase of 8.99% compared to the previous year's $18.70 billion. Earnings were $1.87 billion, an increase of 23.97%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for ROST stock is "Buy." The 12-month stock price forecast is $169.06, which is an increase of 14.84% from the latest price.

Price Target
$169.06
(14.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ROSS STORES DONATES $850,000 FOR DISASTER RELIEF AND RECOVERY IN RESPONSE TO CALIFORNIA WILDFIRES

DUBLIN, Calif. , Jan. 13, 2025 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company has pledged $850,000 of donations to local and national organizations, including the Am...

7 days ago - PRNewsWire

The 3 risks retailers need to watch out for in 2025

As markets enter 2025, the retail sector faces several significant challenges. Yahoo Finance Senior Reporter Brooke DiPalma examines three key risks threatening retailers: potential renewed port strik...

Other symbols: XRTBURLTJXWMT
18 days ago - Yahoo Finance

We're experiencing a retail renaissance, says 5 New Digital's Michael Zakkour

Michael Zakkour, 5 New Digital founder and ‘The New Retail' author, joins 'Squawk Box' to discuss the holiday season shopping trends, state of the consumer, and more.

Other symbols: BURLTGTTJXWMT
7 weeks ago - CNBC Television

TJX Companies Vs. Ross Stores: Why I Believe TJX Stands Out

Conservative consumer spending and sticky inflation overshadows retail growth. TJX Companies delivers strong Q3 results, and lifts full-year guidance. Ross Stores holds a strong competitive advantage ...

Other symbols: TJX
7 weeks ago - Seeking Alpha

Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges

As consumers remain cautious with their spending amid ongoing economic pressures, leading retail companies encountered a mixed landscape in the third quarter. Ross Stores, TJX Companies and Gap report...

Other symbols: TJXGAP
7 weeks ago - PYMNTS

Ross Stores: SSS Growth Should Accelerate, But Share Price Upside Is Still Limited

Ross Stores' 3Q24 earnings showed modest net sales growth and a gross margin expansion, but same-store sales growth decelerated significantly due to weather impacts. Management's FY24 EPS guidance was...

2 months ago - Seeking Alpha

Ross Stores: ‘Treasure Hunt Environment' Drives Off-Price Store Sales

Ross Stores aims to draw customers and drive sales by offering value and a “treasure hunt environment,” executives said Thursday (Nov. 21) during the off-price retailer's quarterly earnings call.

2 months ago - PYMNTS

Analysts See Growth Potential In Ross Stores Amid Holiday Season Optimism: Details

Several analysts expressed views on Ross Stores, Inc. ROST third-quarter results reported on Thursday.

2 months ago - Benzinga

Ross Stores Analysts Boost Their Forecasts After Upbeat Earnings

Ross Stores ROST reported better-than-expected third-quarter EPS results on Thursday.

2 months ago - Benzinga

Crude Oil Gains Over 1%; Ross Stores Earnings Top Views

U.S. stocks traded mostly higher midway through trading, with the Dow Jones index gaining by more than 250 points on Friday.

2 months ago - Benzinga

Ross Stores Stock Pops as Earnings Top Estimates Despite Inflation Slowing Sales

Shares of Ross Stores (ROST) were up Friday morning as the discount retailer's earnings came in better than expected.

2 months ago - Investopedia

Ross Stores, Inc. (ROST) Q3 2024 Earnings Call Transcript

Ross Stores, Inc. (NASDAQ:ROST) Q3 2024 Earnings Conference Call November 21, 2024 4:15 PM ET Company Participants Barbara Rentler - Chief Executive Officer Adam Orvos - Executive Vice President and ...

2 months ago - Seeking Alpha

Ross Stores lifts annual profit forecast on lower costs, shares rise

Off-price retailer Ross Stores raised its annual profit forecast on Thursday, as lower freight and supply-chain costs helped soften the impact of slowing sales at its stores, sending its shares up 7% ...

2 months ago - Reuters

Ross says business is slower than before, and that it could have done better

Ross Stores Inc. shares rose more than 5% in the extended session Thursday after the discount retailer beat profit expectations even as it said business has slowed from earlier in the year.

2 months ago - Market Watch

Ross Stores Reports Third Quarter Earnings, Updates Fourth Quarter Guidance

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended November 2, 2024 of $1.48, up from $1.33 per share for the 13 weeks ended Oct...

2 months ago - Business Wire

Ross Stores Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Ross Stores, Inc. ROST will release earnings results for its third quarter, after the closing bell on Thursday, Nov. 21.

2 months ago - Benzinga

Ross Stores Announces Quarterly Dividend

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable ...

2 months ago - Business Wire

Retail holiday sales will be robust, says JPMorgan's Matt Boss

Matt Boss, JPMorgan equity research analyst, joins 'Closing Bell' to discuss the retail backdrop ahead of earnings and how to play the sector.

Other symbols: ANFBURLGAPKSSTJXWMT
2 months ago - CNBC Television

Ross Stores, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) plans to release its third quarter 2024 earnings results on Thursday, November 21, 2024 at approximately 4:00 p.m. Eastern time. Parti...

2 months ago - Business Wire

Proficient Auto Logistics Appoints Brenda Frank to Board of Directors

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Proficient Auto Logistics, Inc. (NASDAQ: PAL) today announced that the Board of Directors (the “Board”) of Proficient Auto Logistics, Inc. (“Proficient”) appointed...

Other symbols: PAL
2 months ago - Business Wire

Ross Stores Appoints Boot Barn Chief James Conroy as CEO

Ross Stores has appointed Boot Barn President and CEO James Conroy as its CEO, effective Feb. 2, 2025. The appointment follows a search process launched in June 2023 when Ross Stores announced its lon...

3 months ago - PYMNTS

Ross Stores Names James G. Conroy as Next Chief Executive Officer

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today that its Board of Directors has appointed James Conroy (54), a seasoned retail CEO, as Chief Executive Officer, succee...

3 months ago - Business Wire

ROSS STORES OPENS 47 NEW LOCATIONS

COMPLETES 2024 STORE GROWTH PLANS DUBLIN, Calif. , Oct. 21, 2024 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) recently opened 43 Ross Dress for Less® ("Ross") and four dd's DISCOUNTS® stores acros...

3 months ago - PRNewsWire

Younger Consumers Can Lift These 3 Retail Stocks, Bank of America Says

Demand from younger shoppers should benefit off-price apparel retailers like Burlington Stores (BURL), Ross Stores (ROST), and TJX (TJX), according to Bank of America analysts.

Other symbols: BURLTJX
4 months ago - Investopedia

High Quality Dividend Stock Universe: Ross Stores, Inc. Growing But Expensive

ROST has a market beating history with a since inception CAGR of 19.3%. The company has steady revenue growth, strong gross profit margins and a healthy ROIC. ROST has a strong history of above averag...

4 months ago - Seeking Alpha